The Federal Reserve
A. is part of the U.S. Treasury.
B. establishes the target federal funds rate.
C. is the nation's largest commercial bank.
D. lends funds to corporations.
Answer: B
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A credit memorandum for $42 (sales price of merchandise, $40; sales tax, $2) was issued to a customer for goods returned that had been purchased on account. To properly enter this transaction, Sales would be debited for
a. $2; b. $40; c. $42; d. the amount of the original sale; e. $0 because Sales should not be debited.
Two-sided messages tend to be most effective
A. All of these make for effective two-sided messages. B. when the issue discussed is already familiar. C. when the other party initially disagrees with the position. D. when the other party will be exposed to people who will argue points of view different from the position advocated.
The theory of constraints is a manufacturing strategy that focuses on reducing the influence of bottlenecks on a process
Indicate whether the statement is true or false
Companies that pursue a leading strategy ______.
a. increase their capacity in anticipation of future increase in demand b. increase their capacity in anticipation of future decrease in demand c. increase their capacity to avoid waste of excess raw materials that they already have d. decrease their capacity in anticipation of future increase in demand